PPP Loan information for South arkansas oil company

$445,200

South arkansas oil company was initially approved for PPP Loan of amount $445,200, the current approved amount is $445,200. The loan was approved on 04/14/2020 by The Southern Bancorp Bank reported 107 jobs and $445,200 was used to fund payroll.

South arkansas oil company is Existing or more than 2 years old

PPP Loan Search / AR / EL DORADO / South arkansas oil company

SOUTH ARKANSAS OIL COMPANY

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOUTH ARKANSAS OIL COMPANY

Borrower Address

2710 NORTH WEST AVE

Borrower City

EL DORADO

Borrower State

AR

Borrower Zip

71730-3124

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

445200.00

Current Approval Amount

445200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EL DORADO

Project County Name

UNION

Project State

AR

Project Zip

71730-3124

CD

AR-04

Jobs Reported

107

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

44520.00

Payroll Proceed

333900.00

Mortgage Interest Proceed

0.00

Rent Proceed

66780.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

450664.37

Forgiveness Date

07/09/2021

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